Solmate moves to acquire RockawayX to build $2B Solana powerhouse
Crypto Briefing
Solmate plans to acquire RockawayX in an all-stock deal to form a $2 billion Solana-focused digital asset infrastructure entity.Summary
Solmate Infrastructure, a publicly traded company focused on Solana digital assets, has agreed to acquire RockawayX in an all-stock transaction. This merger aims to create a combined entity valued at over $2 billion in assets under management, including third-party stakes. The integration will combine Solmate’s validator operations, staking infrastructure, and treasury strategy with RockawayX’s expertise in liquidity provisioning, market-making, and venture investing in early-stage Solana projects. This move underscores the growing institutional adoption of the Solana ecosystem, as public firms increasingly focus their treasuries on Solana-related digital assets and infrastructure.
(Source：Crypto Briefing)